Why ExxonMobil Stock Slipped on Friday

01:24pm, Friday, 28'th Jul 2023
ExxonMobil's profits tanked in the second quarter on the back of lower oil and gas prices. The company, though, still earned a lot more than in 2018 when commodity prices were at similar levels.
The two energy behemoths ??? Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX)?
Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.
Exxon Mobil became the latest big energy company to post sinking profit and sales because of lower oil and gas prices.
Shares of Exxon Mobil NYSE: XOM fell by as much as 1.8% during the early hours of Friday's trading session; the decline is happening on a day when the broader markets (namely the S&P 500) are up by a

Exxon, Chevron Remain Payout Gushers

10:46am, Friday, 28'th Jul 2023
Oil and natural-gas price fluctuations have had remarkably little impact on cash returns to the supermajors' shareholders.

Exxon Mobil (XOM) Q2 Earnings Lag Estimates

09:31am, Friday, 28'th Jul 2023
Exxon Mobil (XOM) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $2 per share. This compares to earnings of $4.14 per share a year ago.
Exxon Mobil Corporation (NYSE:XOM) has reported a sharp slide in second-quarter earnings due to lower crude oil and natural gas prices, as well as weaker industry refining margins.  However, the US o

ExxonMobil earnings fell on sinking oil prices

07:17am, Friday, 28'th Jul 2023
ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
Chevron (NYSE: CVX), one of the biggest energy companies in the world, published weak financial results as oil and natural gas prices retreated. Like its European peers, the company said that its reve
Exxon Mobil Corp.'s stock XOM, +0.31% fell 1% premarket Friday, after the oil giant missed profit estimates for the second quarter. Exxon posted net income of $7.88 billion, or $1.94 a share, for the
Exxon Mobil Corp joined its rivals reporting a 56% slump in second quarter profit from a year ago, hurt by a drop in energy prices, in line with the midpoint of the company's earnings preview released
The oil giants together added $14 billion in profits to their cash piles and have signaled they're not finished shopping for potential acquisitions.

Top-Rated Stocks to Watch as Earnings Approach

01:14am, Friday, 28'th Jul 2023
Investors should pay attention to other sectors outside of Energy on Friday as there appears to be opportunity in these Consumer Staples and Auto sector stocks.

Steer Clear From This Sector in August

02:41pm, Thursday, 27'th Jul 2023
Last week, we partook in the tried-and-true, end-of-the-month ritual of identifying the best-performing stocks on the S&P 500 Index (SPX) for the coming month.
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